Cost of Living in Hempstead County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Hempstead County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hempstead County ranks #659 of 3,142 counties for affordability (top 21%)
Sourced county brief
Official GRAPI in Hempstead County Estimated at 34.8 Percent
The official ACS B25071 median gross rent as a percentage of household income in Hempstead County was 34.8% for the 2020-2024 period. This rentBurdenGrapiPct is 6.4 percentage points higher than the Arkansas unweighted county mean of 28.4%. The median gross rent in the county was $815, which is above the Arkansas unweighted county mean of $774. For homeowners, the median selected monthly owner costs were $578, compared to the unweighted state mean of $663. The median home value was recorded at $105,700, while the state unweighted county mean was $141,465. The median income for renter households was $25,720 annually. Figures are sourced from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates for tables B25064, B25071, B25077, B25088, and B25119. Data version is acs5-2020-2024 and methodology version is cost-brief-v1. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Hempstead County
Affordability Verdict
ACS B25071 estimates median gross rent at 34.8% of renter household income in Hempstead County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $815 per month; median selected monthly owner costs are $578. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,600 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Arkansas unweighted mean of county median rents is $774 per month. Hempstead County's $815 median is 5.3% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hempstead County
Rent Burden
20.9%
of gross income
Max Housing (28% Rule)
$1,092
per month
Owner Cost Burden
14.8%
of gross income
You can likely afford the median home in Hempstead County
Median home value is $105,700. Estimated monthly cost: $844 vs. your max of $1,092.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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